Omise raises undisclosed amount from funding round led by Global Brain

Omise, developer of a blockchain-based payments platform, has raised an undisclosed amount in latest funding round

Bangkok-based Omise Holdings, a blockchain-based payments solutions provider, has raised an undisclosed amount from a funding round led by Global Brain, a Tokyo-based venture capital firm.
Omise says in a blog post dated Oct 18 that other investors in the round were Mitsui Fudosan’s corporate venture arm 31Ventures and existing backer Sinar Mas Digital Ventures, the venture arm of Indonesian conglomerate Sinar Mas.
“This undisclosed funding not only brings in additional financial support, but more importantly, connectivity with strategic partners to strengthen the reach of the financial infrastructure currently in the development phase by entities under Omise Holdings — Omise payments, OmiseGO and GO.Exchange,” it says.
According to details from the Omise website, the startup in September 2017 raised an undisclosed amount in Series B+ funding round led by Krungsri Finnovate, the venture arm of Krungsri Bank following a Series B funding round led by SBI Investment that saw US$17.5mil raised in July 2016.
Founded in June 2013, the startup first got funding through a seed round in August 2014 that raised US$300,000 and a Series A round that raised US$2.6mil in May 2015.
In July 2017, the startup conducted an initial coin offering that raised US$25mil to build an ERC-20-based payments platform.
Global Brain and Omise are in various partnerships together, including a fund focusing on blockchain projects.